HomeMy Public PortalAbout12562ORDINANCE NO. 12562
AN ORDINANCE repealing Ordinance No. 12466, adopted June
14, 2007, and enacting a new ordinance in lieu thereof, making
appropriations for current expenses of the District, the Wastewater
Revenue Fund, the Stormwater Revenue Fund, the General Fund, the
Real Property Improvements & Alterations Fund, the Water Backup
Insurance & Reimbursement Fund, the Emergency Fund, and the
Wastewater Revenue Bond Service Fund for the fiscal year beginning
July 1, 2007 and ending June 30, 2008, not including sums hereby set
apart for and transferred to special funds, amounting in the aggregate to
One Hundred Seventy-four Million Four Hundred Forty Thousand Nine
Hundred Eighty Dollars ($174,440,980.00), which sum is hereby
appropriated from the general and special funds named to pay interest
falling due on bonds issued, the costs of support, operation, and
maintenance of the District and its various Subdistricts, and
emergencies.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE
METROPOLITAN ST. LOUIS SEW ER DISTRICT:
Section One. The remaining fund balance of the Wastewater
Revenue Fund after all revenues are billed and transfers are made, which
is estimated to be Eighty-seven Million Five Hundred Thousand Nine
Hundred Thirty Dollars ($87,500,930.00) is hereby appropriated and
transferred from the Wastewater Revenue Fund to the General Fund of
the District for the support, operation and maintenance of the several
departments, Board, Civil Service Commission, and other lawful activities
of the District for the fiscal year beginning July 1, 2007, and ending June
30, 2008.
Section Two. The remaining fund balance of the Stormwater
Revenue Fund after all revenues are billed and transfers are made, which
is estimated to be Eleven Million Four Hundred Ninety-five Thousand Five
Hundred Twenty Dollars ($11,495,520.00) is hereby appropriated and
transferred from the Stormwater Revenue Fund to the General Fund of the
District for the support, operation and maintenance of the several
departments, Board, Civil Service Commission, and other lawful activities
of the District for the fiscal year beginning July 1, 2007, and ending June
30, 2008.
Section Three. There is hereby appropriated and set apart out of
the General Fund of the District the sum of One Hundred Thirty-eight
Million Three Hundred Ninety-two Thousand Nine Hundred One Dollars
($138,392,901.00) for the support, operation and maintenance of several
departments, Board, Civil Service Commission, and other lawful activities
of the District for the fiscal year beginning July 1, 2007, and ending June
30, 2008 as hereinafter detailed.
Departments:
1. Board of Trustees $ 32,300.00
2. Rate Commission 2,300.00
3. Civil Service Commission 5,250.00
4. Secretary-Treasurer 1,827,586.00
5. Executive Director 845,856.00
6. General Counsel 1,863,555.00
7. Human Resources 10,020,441.00
8. Finance 16,865,355.00
9. Information Systems 7,801,229.00
10. Engineering 22,775,235.00
11. Operations 76,353,794.00
DISTRICT GENERAL FUND
OPERATING BUDGET TOTAL
$ 138,392,901.00
Section Four. There is hereby appropriated and set apart out of
the Real Property Improvements & Alterations Fund of the District the sum
of One Million Two Hundred Forty-one Thousand Four Hundred Seven
Dollars ($1,241,407.00) for the support, operation and maintenance of the
headquarters building and other facilities of the District for the fiscal year
beginning July 1, 2007, and ending June 30, 2008 as hereinafter detailed.
Section Five. For the purpose of providing water backup
insurance and reimbursement for basement backups, there is hereby
appropriated and transferred from the Wastewater Revenue Fund to the
Water Backup Insurance and Reimbursement Fund the sum of Five
Million Dollars ($5,000,000.00). There is hereby appropriated and set apart
out of the Water Backup Insurance and Reimbursement Fund the sum of
Eight Million Dollars ($8,000,000.00) for the above stated purpose.
Section Six. For the purpose of meeting the costs of repairing,
rehabilitating and replacing the District's Wastewater System, there is
hereby appropriated and transferred from the Wastewater Revenue Fund
to the Sanitary Replacement Fund the sum of Eighty-seven Million Two
Hundred Forty-seven Thousand Nine Hundred Ninety-eight Dollars
($87,247,998.00).
Section Seven. For the purpose of meeting the costs of repairing,
rehabilitating and replacing the District’s Wastewater System, there is
hereby appropriated and transferred from the General Fund to the Sanitary
Replacement Fund the sum of Six Million Dollars ($6,000,000).
Section Eight. For the purpose of providing for emergency work
or repairs requiring prompt attention there is hereby appropriated and set
apart out of the Emergency Fund the sum of Two Hundred Fifty Thousand
Dollars ($250,000.00) for use by the Executive Director in contracting for
emergency work or repairs in accordance with the requirements of Section
Three of Ordinance No. 164, as adopted November 4, 1957, as amended
May 26, 1958 by Ordinance No. 199 and as amended June 3, 1961 by
Ordinance No. 569.
DEBT SERVICE
Section Nine. For the purpose of providing for the support of the
Wastewater Revenue Bond Debt Service of the Metropolitan St. Louis
Sewer District for the fiscal year beginning July 1, 2007 and ending June
30, 2008, there is hereby appropriated and transferred from the
Wastewater Revenue Fund to the Wastewater Revenue Bond Service
Fund the sum of Twenty-six Million Four Hundred Seventeen Thousand
Six Hundred Seventy-two Dollars ($26,417,672.00). There is hereby
appropriated and set apart out of the Wastewater Revenue Bond Service
Fund the sum of Twenty-six Million Four Hundred Sixty-seven Thousand
Six Hundred Seventy-two Dollars ($26,467,672.00) for principal and
interest falling due on Five Hundred Million Dollars ($500,000,000.00) par
value outstanding revenue bonds and banking fees relating to the debt.
Section Ten. For the purpose of providing for the support of the
Ozark Table Rock and the West Wastson/Nanell Loan Agreement Debt
Service of the Metropolitan St. Louis Sewer District for the fiscal year
beginning July 1, 2007 and ending June 30, 2008, there is hereby
appropriated and set apart out of the Improvement Fund the sum of
Eighty-nine Thousand Dollars ($89,000) for principal and interest falling
due on Two Hundred sixty-eight Thousand Eight Hundred Sixty-four
dollars outstanding principal.
DISTRICT DEBT SERVICE BUDGET TOTAL $ 26,556,672.00
GRAND TOTAL OF APPROPRIATIONS $174,440,980.00
The foregoing Ordinance was adopted December 13, 2007.
Headquarters Building $ 1,241,407.00
REAL PROPERTY IMPROVEMENTS &
ALTERATIONS FUND OPERATING
BUDGET TOTAL
$ 1,241,407.00
SUMMARY OF APPROPRIATIONS
FISCAL YEAR 2007 – 2008
DISTRICT OPERATING BUDGET (GENERAL FUND) $138,392,901.00
DISTRICT OPERATING BUDGET (REAL PROPERTY IMPROVEMENTS & ALTERATIONS FUND) 1,241,407.00
DISTRICT OPERATING BUDGET (WATER BACKUP FUND) 8,000,000.00
EMERGENCY WORK OR REPAIRS (EMERGENCY FUND) 250,000.00
PRINCIPAL AND INTEREST (DEBT SERVICE FUND) 26,556,672.00
TOTAL APPROPRIATED $174,440,980.00